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    Crypto Downtrend Led Investors To Liquidate Over $432 Million

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    Crypto Downtrend Led Investors To Liquidate Over $432 Million

    crypto basset hound

    The overall financial market is discouraging this week. Stocks and cryptos are plummeting as anticipation of the upcoming rate hike grows. The latest CPI for August was a force that pushed the market towards the edge.  The figure was higher than expected, increasing fear in the industry. As the Feds prepares to hit the market with the biggest rate hike, exchanges have started liquidating leveraged positions. This strategy is geared at cutting down losses as events unfold. Related Reading: WATCH: Bitcoin Bloody Monday Leads To Reversal Hammer | BTCUSD September 19, 2022 Traders’ Positions Liquidated As The Market Panics  Coinglass has disclosed the data of liquidations currently taking place across diverse exchanges. According to the data app, 130,087 traders have seen their positions liquidated. The total amount has reached $431.51 million at the time of writing. Many crypto traders of Bitcoin and Ethereum were hit more in the ongoing frenzy. Bitcoin traders lost $44.5 million of their leveraged positions, while Ethereum traders lost $8.39 million in liquidations.  Going by the positions, the longs took the lead while the short position holders followed suit. According to Coinglass, the amount between the two is 10X, and the highest liquidation so far occurred on Okex.  Data shows that Okex liquidations amounted to $190.41, comprising $181.30million in long positions and $9.11 million in short positions.  The following exchange with high liquidations after Okex is Binance. The exchange liquidated $77.49 million in long positions and $12.99 million in short positions, amounting to $90.48 million.  Other top riders in a frenzy include FTX with $57.59 million in long and short positions and Bitmex with $28.78 million. There is also ByBit and Huobi, with $27.86 million and $18.91 million in total liquidations.  Macro Factors Responsible For Market Downtrend The price movement of assets this week has increased the uncertainty in the crypto market. Many cryptocurrencies are trading in red, with a double-digit downfall in the last 24 hours. The price crash has pushed the overall market capitalization below $1 trillion.  Analysts are attributing the ongoing downtrend to many macroeconomic factors. The most prominent one is the CPI data that shocked everyone on September 13. The data was higher than the market expected, showing inflation still rages.  The effect of the data was seen immediately after its release. The number one crypto, Bitcoin, lost $1000 within minutes. From then onwards, other crypto assets started shedding prices to the detriment of investors.  Another factor seemingly pushing the4 market down is Ethereum Merge. After the upgrade, the crypto price plunged to $1300, leading to many people believing the predictions that it was overhyped.  Related Reading: Ethereum Could Gain 10% Before ETH Resumes Its Reversal Due to the high CPI data, the Fed’s meeting on September 21 is causing panic in the market. The market is waiting for the next interest rate hike, and pundits are already predicting a figure that hasn’t been seen in 40 years. The Feds might move to a 100-point after the meeting.  Currently, both stocks and crypto are strongly bearish. After September 21, the market move might be more terrifying than what it is today, September 19. Featured image from Pixabay and chart from TradingView.com

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    TON to list Toncoin on Huobi exchange with a 1 million token promotional campaign

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    TON to list Toncoin on Huobi exchange with a 1 million token promotional campaign

    crypto basset hound

    Crypto exchange Huobi Global has announced that it will be listing Toncoin, the native cryptocurrency of The Open Network (TON) ecosystem, on Wednesday, September 7th, 2022. The listing will see TON available for trading on one of the largest cryptocurrency exchanges in the world in a TON/USDT spot trading pair. The listing was announced by Huobi Global on September 5th as part of a strategic partnership with the TON Foundation. Toncoin, which is a token that is available to transact on the messaging platform, Telegram, has now moved out into the mainstream with this new listing. The project had previously raised $250 million through the Huobi Incubator, which is part of the Huobi Group. This partnership will not only see Toncoin listed on the crypto exchange, but there is an extensive marketing budget of 1 million TON tokens planned to go towards marketing events, trading contests, airdrops, and staking with up to 300% APY. Founding member of the TON Foundation, Steve Yun, expressed excitement at the partnership with Huobi. He states that the TON Foundation is “excited that Huobi Global now supports TON mainnet. We look forward to actively supporting the TON ecosystem together.” The partnership is also focused on expanding the offerings and opportunities in Web3. Both parties plan to leverage the collaboration to support developers and businesses, as well as provide investments, incubate projects, and implement technologies and projects based on the TON blockchain. “By leveraging its user-friendly mass-market products, TON has the potential to become one of the most promising layer-1 blockchains that could bring hundreds of millions of Web 2.0 users to the crypto world,” Lily Zhang, Chief Financial Officer of Huobi Global. “With the integration of TON mainnet, Huobi is well-equipped to support promising projects built in the TON ecosystem.” About The Open Network (TON) The Open Network (TON) is a community-run Layer 1 proof-of-stake blockchain that was developed in 2018 by the founders of Telegram and the Durov brothers. It is a blockchain that enables lightning-fast and ultra-cheap transactions. It is a fully scalable decentralized blockchain that has easy-to-use applications and an environmentally friendly design. The Durov brothers had officially handed over TON to the community, and since then, the blockchain development has been led by the TON Foundation, made up of a non-commercial group of supporters and contributors whose sole purpose is to help grow the blockchain. Toncoin, the native token of TON, is the only cryptocurrency that is transferrable between users on the Telegram messaging app. Users are able to send crypto among themselves using the @wallet bot in a seamless manner. About Huobi Global Huobi Global is a cryptocurrency exchange that was founded in 2013 and has quickly grown to prominence since then. Data from Coinmarketcap shows that the exchange is the 9th largest in the world, with daily volumes of more than $500 million. Huobi is licensed in 12 countries, including the United States, Thailand, Japan, and Gibraltar. The company has since grown to develop various arms dedicated to different parts of the business. HECO Chain is an environmentally friendly blockchain that caters to developers, Huobi Capital is the investment arm of the group, and Huobi DeFi Labs caters towards helping decentralized finance (DeFi) development, amongst others.    

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    🚨 BITCOIN EMERGENCY UPDATE!!!!! OUR PRICE TARGETS HIT EXACTLY!!!! BUT NOW WE MUST PAY ATTENTION!!!!

    altcoin

    🚨 BITCOIN EMERGENCY UPDATE!!!!! OUR PRICE TARGETS HIT EXACTLY!!!! BUT NOW WE MUST PAY ATTENTION!!!!

    #BITCOIN EMERGENCY UPDATE VIDEO!!!!! Our target was hit PERFECTLY!!!! But now there is something in the $BTC charts that we MUST pay attention to! Critical resistance and stock correlation on our radar! What happens next for #BTC? Watch fast!!! 💰 *$12,373 BONUS!* 💰
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    0:00 Intro
    0:24 Bitcoin Analysis
    5:26 BTC Dominance
    7:32 Crypto vs Stocks
    9:31 Long Term Outlook
    11:11 Critical Monthly Close
    12:00 Final Thoughts 🔥 🧟‍♂️ SUBSCRIBE to BACK-UP CHANNEL HERE 👉 https://www.youtube.com/channel/UCwUDkIXVsfjXnsBylzLEVUw?sub_confirmation=1 Trade Cryptos on Huobi ►► http://Huobi.kdub.co
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    Trade Cryptos on KuCoin ►► http://KuCoin.kdub.co Follow me on Twitter ►► http://twitter.com/TheCryptoZombie Join The Telegram ►► https://t.me/joinchat/E67b8w-hQrMsZebuCC6peg DISCLAIMER: Crypto Zombie is not a financial advisor. This is not financial advice. Everything said in this video is the sole opinion of those who appear in it. The statements in this video are not investment or trading advice. This video is intended solely for educational and/or entertainment purposes only. Always do your own research before investing. Trading cryptocurrencies is extremely risky. Do not trade on any exchange that prohibits trading from your geographical region. Never invest more than you can afford to lose. Crypto Zombie is not responsible for your losses or gains as a result of buying, selling, or trading cryptocurrencies. This video, description and/or comments may contain affiliate links. By utilizing any of the these links you are helping to support the channel as we do receive a commission. Thank you for your support! BITCOIN ALERT!!!!!!!! MASSIVE HISTORIC SIGNAL FLASHING NOW!!!!! https://youtu.be/Zf-hGToO6Xs Watch this video again because it’s awesome: https://youtu.be/JnSSqqwBDmk #BitcoinNews #cryptocurrency #altcoins #blockchain #cryptozombie #crypto #btc #bch #bsv #ethereum #eth #solana #ripple #xrp $BTC $ETH $XRP

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    🚨 BITCOIN ALERT!!!!!!!! MASSIVE HISTORIC SIGNAL FLASHING NOW!!!!! [do you realize what this means?!]

    altcoin

    🚨 BITCOIN ALERT!!!!!!!! MASSIVE HISTORIC SIGNAL FLASHING NOW!!!!! [do you realize what this means?!]

    #Bitcoin is setting up for possibly the most important two weeks ever as $BTC domain ace falls to critical levels. This could start a massive shift in the market, not only for #BTC but altcoins as well! Lots of trade opportunities! Watch fast! 💰 *$12,373 BONUS!* 💰
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    0:00 Intro
    1:46 Bitcoin Analysis
    3:39 Whatchamacallit’s the Whales
    4:29 Altcoin News
    7:03 Final Thoughts 🔥 🧟‍♂️ SUBSCRIBE to BACK-UP CHANNEL HERE 👉 https://www.youtube.com/channel/UCwUDkIXVsfjXnsBylzLEVUw?sub_confirmation=1 Trade Cryptos on Huobi ►► http://Huobi.kdub.co
    Trade Cryptos on Bibox ►► http://Bibox.kdub.co
    Trade Cryptos on KuCoin ►► http://KuCoin.kdub.co Follow me on Twitter ►► http://twitter.com/TheCryptoZombie Join The Telegram ►► https://t.me/joinchat/E67b8w-hQrMsZebuCC6peg DISCLAIMER: Crypto Zombie is not a financial advisor. This is not financial advice. Everything said in this video is the sole opinion of those who appear in it. The statements in this video are not investment or trading advice. This video is intended solely for educational and/or entertainment purposes only. Always do your own research before investing. Trading cryptocurrencies is extremely risky. Do not trade on any exchange that prohibits trading from your geographical region. Never invest more than you can afford to lose. Crypto Zombie is not responsible for your losses or gains as a result of buying, selling, or trading cryptocurrencies. This video, description and/or comments may contain affiliate links. By utilizing any of the these links you are helping to support the channel as we do receive a commission. Thank you for your support! BITCOIN & ETHEREUM SURGE!!!!!!!!! INSANE Chart NAILS Price!!!! [THIS Happens Next…?!]
    https://youtu.be/jkeYejn1wyg Watch this video again because it’s awesome: https://youtu.be/Zf-hGToO6Xs #BitcoinNews #cryptocurrency #altcoins #blockchain #cryptozombie #crypto #btc #bch #bsv #ethereum #eth #solana #ripple #xrp $BTC $ETH $XRP

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    DeFi oracle solution Pyth integrates data from crypto exchange Huobi

    Applications

    DeFi oracle solution Pyth integrates data from crypto exchange Huobi

    crypto basset hound

    Pyth Network, an oracle solution for financial data, today announced a new data-sharing partnership with cryptocurrency exchange Huobi Global. Huobi Global will share its valuable cryptocurrency data directly on-chain to Pyth, enabling it to better provide financial data for its DeFi ecosystem. As a core DeFi element, Pyth provides price feeds emanated from a network […]

    The post DeFi oracle solution Pyth integrates data from crypto exchange Huobi appeared first on CryptoNinjas.

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    BITCOIN & ETHEREUM SURGE!!!!!!!!! INSANE Chart NAILS Price!!!! [THIS Happens Next…?!]

    altcoin

    BITCOIN & ETHEREUM SURGE!!!!!!!!! INSANE Chart NAILS Price!!!! [THIS Happens Next…?!]

    #Bitcoin and #Ethereum pump exactly as anticipated. Our $BTC fractal continues to play out perfectly!!! Is the bottom actually in for #BTC? According to our fractal THIS happens next! Watch fast!!!! 💰 *$12,373 BONUS!* 💰
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    ****FREE TRIAL + Get 10% OFF by using link above**** 📈 Trading View Charts ►► https://www.tradingview.com/gopro/?share_your_love=K-DUB Intro Credit: https://www.reddit.com/r/cryptocurrencymemes/ ⏰ *Timestamps:*
    0:00 Intro
    2:00 Bitcoin Analysis
    6:29 Insane Fractal
    8:32 BTC Here to Stay!
    10:05 Ethereum Explodes
    12:16 DXY Bull Run Over?
    13:00 Final Thoughts 🔥 🧟‍♂️ SUBSCRIBE to BACK-UP CHANNEL HERE 👉 https://www.youtube.com/channel/UCwUDkIXVsfjXnsBylzLEVUw?sub_confirmation=1 Trade Cryptos on Huobi ►► http://Huobi.kdub.co
    Trade Cryptos on Bibox ►► http://Bibox.kdub.co
    Trade Cryptos on KuCoin ►► http://KuCoin.kdub.co Follow me on Twitter ►► http://twitter.com/TheCryptoZombie Join The Telegram ►► https://t.me/joinchat/E67b8w-hQrMsZebuCC6peg DISCLAIMER: Crypto Zombie is not a financial advisor. This is not financial advice. Everything said in this video is the sole opinion of those who appear in it. The statements in this video are not investment or trading advice. This video is intended solely for educational and/or entertainment purposes only. Always do your own research before investing. Trading cryptocurrencies is extremely risky. Do not trade on any exchange that prohibits trading from your geographical region. Never invest more than you can afford to lose. Crypto Zombie is not responsible for your losses or gains as a result of buying, selling, or trading cryptocurrencies. This video, description and/or comments may contain affiliate links. By utilizing any of the these links you are helping to support the channel as we do receive a commission. Thank you for your support! WTF?!!!!!!! BITCOIN!!!!! JUST WHEN YOU THOUGHT IT WAS SAFE…. NOW THIS?!!?!!….. https://youtu.be/CGey1mBRZFI Watch this video again because it’s awesome: https://youtu.be/jkeYejn1wyg #BitcoinNews #cryptocurrency #altcoins #blockchain #cryptozombie #crypto #btc #bch #bsv #ethereum #eth #solana #ripple #xrp $BTC $ETH $XRP

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    🚨 WTF?!!!!!!! BITCOIN!!!!! JUST WHEN YOU THOUGHT IT WAS SAFE…. NOW THIS?!!?!!…..

    altcoin

    🚨 WTF?!!!!!!! BITCOIN!!!!! JUST WHEN YOU THOUGHT IT WAS SAFE…. NOW THIS?!!?!!…..

    #Bitcoin is seeing a very nice relief rally. However, just when you thought it was safe… here comes the FUD!!! Russians bans $BTC payments and no rumors are circulating that Coinbase could be the next exchange to go under! Is the #BTC Bottom truly in or just a suckers rally? Watch fast! 💰 *$12,373 BONUS!* 💰
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    0:00 Intro
    2:12 Bitcoin Analysis
    6:01 Bottom Not In?
    9:14 Jordan Belfort on BTC
    10:57 FED Will Pivot
    14:07 Coinbase Rumors
    17:40 Regulations
    20:03 Charles Hoskinson
    22:20 Final Thoughts 🔹Buy BTC on Coinbase ►►http://Coinbase.kdub.co 🔥 🧟‍♂️ SUBSCRIBE to BACK-UP CHANNEL HERE 👉 https://www.youtube.com/channel/UCwUDkIXVsfjXnsBylzLEVUw?sub_confirmation=1 Trade Cryptos on Huobi ►► http://Huobi.kdub.co
    Trade Cryptos on Bibox ►► http://Bibox.kdub.co
    Trade Cryptos on KuCoin ►► http://KuCoin.kdub.co Follow me on Twitter ►► http://twitter.com/TheCryptoZombie Join The Telegram ►► https://t.me/joinchat/E67b8w-hQrMsZebuCC6peg DISCLAIMER: Crypto Zombie is not a financial advisor. This is not financial advice. Everything said in this video is the sole opinion of those who appear in it. The statements in this video are not investment or trading advice. This video is intended solely for educational and/or entertainment purposes only. Always do your own research before investing. Trading cryptocurrencies is extremely risky. Do not trade on any exchange that prohibits trading from your geographical region. Never invest more than you can afford to lose. Crypto Zombie is not responsible for your losses or gains as a result of buying, selling, or trading cryptocurrencies. This video, description and/or comments may contain affiliate links. By utilizing any of the these links you are helping to support the channel as we do receive a commission. Thank you for your support! WOW!!!!!! BITCOIN HISTORY BEING MADE RIGHT NOW!!!!!!!! [I’m totally speechless…] Celsius Bankrupt?!
    https://youtu.be/lmyvOUd4tRQ Watch this video again because it’s awesome: https://youtu.be/CGey1mBRZFI #BitcoinNews #cryptocurrency #altcoins #blockchain #cryptozombie #crypto #btc #bch #bsv #ethereum #eth #solana #ripple #xrp $BTC $ETH $XRP

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    WOW!!!!!! BITCOIN HISTORY BEING MADE RIGHT NOW!!!!!!!! [I’m totally speechless…] Celsius Bankrupt?!

    All

    WOW!!!!!! BITCOIN HISTORY BEING MADE RIGHT NOW!!!!!!!! [I’m totally speechless…] Celsius Bankrupt?!

    #Bitcoin is living through an incredible historic time as the DXY sees levels not seen in 20 years! Is this finally the major pivotal moment we’ve all waited for? Signs point towards imminent #BTC rally! Celsius bankruptcy sees little effect on markets. Have the bad actors finally been flushed out? Time for moon soon?!!! Watch fast!!!! 💰 *$12,373 BONUS!* 💰
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    0:00 Intro
    0:51 Inflation & DXY
    5:00 Market Sentiment
    7:59 Fire Sale!
    9:34 Bitcoin Analysis
    13:48 Celsius Chapter 11
    18:44 Be Safe/Health First
    21:48 FED Lightning Network
    23:05 Final Thoughts 🔹Buy BTC on Coinbase ►►http://Coinbase.kdub.co 🔥 🧟‍♂️ SUBSCRIBE to BACK-UP CHANNEL HERE 👉 https://www.youtube.com/channel/UCwUDkIXVsfjXnsBylzLEVUw?sub_confirmation=1 Trade Cryptos on Huobi ►► http://Huobi.kdub.co
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    Trade Cryptos on KuCoin ►► http://KuCoin.kdub.co Follow me on Twitter ►► http://twitter.com/TheCryptoZombie Join The Telegram ►► https://t.me/joinchat/E67b8w-hQrMsZebuCC6peg DISCLAIMER: Crypto Zombie is not a financial advisor. This is not financial advice. Everything said in this video is the sole opinion of those who appear in it. The statements in this video are not investment or trading advice. This video is intended solely for educational and/or entertainment purposes only. Always do your own research before investing. Trading cryptocurrencies is extremely risky. Do not trade on any exchange that prohibits trading from your geographical region. Never invest more than you can afford to lose. Crypto Zombie is not responsible for your losses or gains as a result of buying, selling, or trading cryptocurrencies. This video, description and/or comments may contain affiliate links. By utilizing any of the these links you are helping to support the channel as we do receive a commission. Thank you for your support! NULS | The “Wordpress” of Blockchain? COO Isaac Kim Explains with Updates $NULS https://youtu.be/7aPmk6FPMYA Watch this video again because it’s awesome: https://youtu.be/BJnxDr5N4s4 #BitcoinNews #cryptocurrency #altcoins #blockchain #cryptozombie #crypto #btc #bch #bsv #ethereum #eth #solana #ripple #xrp $BTC $ETH $XRP

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    BITCOIN MAJOR DECEPTION!!!!! EVERYONE IS WRONG!!!! THIS IS A TRAP!!!!! LIES!!!!! 🚨

    altcoin

    BITCOIN MAJOR DECEPTION!!!!! EVERYONE IS WRONG!!!! THIS IS A TRAP!!!!! LIES!!!!! 🚨

    CPI data prints 9.1% fresh 41 year high inflation for US! #Bitcoin HODLers be careful! This is a trap! Do not follow the herd!!! Why many could be making the biggest $BTC mistake of their life. New data suggest something massive is on the horizon for #BTC! Pay close attention or pay the price!!! 💰 *$12,373 BONUS!* 💰
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    0:00 Intro
    0:23 CPI Data
    2:53 DXY Bullrun?
    4:55 Peak Inflation
    6:40 FED Must Pivot!
    8:48 Bitcoin Bottom Signals
    12:58 Don’t Follow the Herd!
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